Labour Market Analysis December

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When thinking about your career or supporting someone to think about theirs, it is important to consider what is happening in the labour market.  By understanding the labour market young people can make an informed choice about the qualifications or pathways they choose.

This analysis offers the most up to date insight of the employment landscape; is the number of jobs available increasing, which sectors are recruiting, where are the skills gaps.  You can read the fullReport on Jobs Uk Dec 2014 or take a look at our highlights.

The Recruitment and Employment Confederation (REC) is the professional body for the recruitment sector AND a supporter and member of YEUK.

The Report on Jobs is a monthly publication produced by Markit and sponsored by the Recruitment and Employment Confederation and KPMG LLP.

Key points from the survey:

  • Permanent placements increase at slowest pace in 18 months
  • Faster rise in temp billings
  • Strong salary growth amid falling candidate availability

Commenting on the latest survey results, Bernard Brown, Partner and Head of Business Services at KPMG, said:

“Not much sign of a happy Christmas in the job market. The rate at which permanent contracts are being signed is rising at the slowest rate in 18 months.

“This follows an unexpected fall in investment in the UK in Q3.

“With political uncertainty in the UK, and in particular the country’s position on Europe, could this be the start of a negative trend in the jobs market? Let’s hope not and that the initiatives announced in the Autumn Statement convert to new employment opportunities.”

 

Which sector recruited the highest number of permanent staff Which sector recruited the highest number of temporary  staff
  1. Engineering
  2. Accounting/Financial
  3. Executive/Professional
  4. IT & Computing
  5. Nursing/Medical/Care
  6. Secretarial/Clerical
  7. Construction
  8. Blue Collar
  9. Hotel & Catering

 

  1. IT & Computing
  2. Blue Collar
  3. Secretarial/Clerical
  4. Engineering
  5. Nursing/Medical/Care
  6. Accounting/Financial
  7. Executive/Professional
  8. Hotel & Catering
  9. Construction

 

 

What skills are in demand or in short supply?

Accountancy/Financial: Audit, Compliance, Credit Controllers, Internal Audit, Paraplanners, Payroll.

Blue Collar: HGV Drivers.

Construction: Construction Managers, Estimators.

Engineering: CAD Designers, Engineers, Technicians.

Executive/Professional: Business Development.

Hotels/Catering: Chefs.

IT/Computing: C+, Developers, Digital Marketing, Java, .Net, PHP, Web Designers. Nursing/Medical/Care: Care Workers, Nurses.

Secretarial/Clerical: Core Office Staff.

Other: Client Account Managers, Languages, Sales, Teachers.

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As experts on youth employment and co-founders of the Youth Employment Group, we are ideally placed to understand the complex landscape facing young people, employers and policy makers.